A Step-by-Step-Guide on how to buy YFI Business (YFIB)
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to buy one of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and receive your first 10$.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. YFI Business (YFIB) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you've selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find YFI Business (YFIB) As soon as your deposit has been verified, you'll now have access to your finances and you can launch buying and trading. To buy YFI Business (YFIB) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. In order to find YFI Business (YFIB), you'll need to insert the short name of the asset (YFIB) into the search box, which is highlighted in the image. Make sure you have selected the correct pairing, we've highlighted this too. Click on “YFIB/BTC” to proceed.
Step 4 – Acquisition of YFI Business (YFIB) As soon as you've located YFI Business (YFIB), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're creating our Limit Order. The field with the “Price” tag will be automatically filled with the recent rate YFI Business (YFIB) was sold for. This can be changed to your desired rate. The ”Amount” field is the volumen of YFIB you like to purchase. The ”Total” field is the whole price in BTC that you'll settle for the complete volumen of YFIB. If you're satisfied, click on “Buy YFIB”. Your plan will be filled when a Vender sells their YFIB for the price you offered.
Step 5 – Withdraw YFI Business (YFIB) Unless you are frequently trading, never keep your crypto on an Crypto Trader for an longer time period. To withdraw your YFI Business (YFIB), go to the tab called “Funds” and click on “Withdraw”. YFI Business (YFIB) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find YFI Business (YFIB) by using the given drop-down box. Drop in the quantity of YFI Business (YFIB) you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address. When you are glad, click “Submit”. You may be requested for phone/email verification before a withdrawal.